National Business

CALGARY — Pembina Pipeline Corp. says it earned $346 million in the third quarter of 2023, down from $1.8 billion in the same three-month period of 2022.

NEW YORK (AP) — Wall Street roared higher, adding to its rally from the day before on hopes the Federal Reserve may finally be done with its market-rattling hikes to interest rates. The S&P 500 jumped 1.9% Thursday.

TORONTO — Canada's main stock index leapt close to three per cent Thursday and U.S. markets also rose as investors shifted bets from long-term bonds towards equities on an improved outlook for interest rates.

LAS VEGAS (AP) — Tens of thousands of Las Vegas hotel workers fighting for new union contracts set a strike deadline Thursday, threatening major disruptions at more than a dozen resorts that could coincide with the Strip's inaugural Formula 1 races l

OTTAWA — Immigration Minister Marc Miller says he plans to recalibrate the number of people who come to Canada temporarily to make sure the program is sustainable, but details about what measures the government is considering remain unclear.

OTTAWA — The finance committee of the House of Commons has called on the Finance Minister to block RBC's $13.5-billion takeover of HSBC Canada over concerns it will hurt competition.

CALGARY — Crescent Point Energy Corp. said Thursday it is pleased with the results it has obtained so far from oilfield assets the company purchased earlier this year in a $1.7-billion deal.

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.

TORONTO — Spin Master Corp. executives say the lead-up to the usually bustling holiday sales season has so far wound up below expectations.

An ongoing shift in its payments processing strategy helped Lightspeed Commerce Inc. record a 25 per cent increase in its second-quarter revenue. The Montreal-based e-commerce technology company, which keeps its books in U.S.